Objectives:

9.1 - I can define accounting terms related to adjusting and closing entries for a service business organized as a proprietorship.
9.2 - I can identify accounting concepts and practices related to adjusting and closing entries for a service business organized as a proprietorship.
9.3 - I can record adjusting entries for a service business organized as a proprietorship.
9.4 - I can record closing entries for a service business organized as a proprietorship.
9.5 - I can prepare a post-closing trial balance for a service business organized as a proprietorship.